International Journal of Current Microbiology and Applied Sciences (IJCMAS)
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Original Research Articles                      Volume : 10, Issue:3, March, 2021

PRINT ISSN : 2319-7692
Online ISSN : 2319-7706
Issues : 12 per year
Publisher : Excellent Publishers
Email : /
Editor-in-chief: Dr.M.Prakash
Index Copernicus ICV 2018: 95.39
NAAS RATING 2020: 5.38

Int.J.Curr.Microbiol.App.Sci.2021.10(3): 1611-1615

Performance of Animal Insurance Scheme in Amravati Division
U. Chavan*, R. G. Deshmukh and S. C. Nagpure
Department of Agricultural Economics and Statistics, PGI, Dr. PDKV, Akola, India
*Corresponding author

India has the second-largest livestock herd in the world. Roughly 500 million heads of large livestock plus 750 million heads of poultry generate 3.9 per cent of the country’s GDP. The bulk is kept by smallholders with 70 million households owning livestock. As most epidemic diseases are still common and endemic in India, farmer’s biggest risks are losses due to diseases, whether in terms of lower productivity or even death of animals. If there is only one animal on a farm, as is often the case in India, the loss is devastating. And yet, just 6 per cent of animals excluding poultry were insured in 2011, representing about 8 per cent of total livestock value. The present study aimed to know the Economic evaluation of livestock insurance i.e. Performance of livestock, Coverage of livestock and Premium Paid and Indemnity Given to livestock owners in the Amravati district. For Study purposes, data related to three periods of time i.e. 2006-07, 2011-12, and 2016-17 were collected from major insurance companies of livestock insurance. Amravati division of Maharashtra state has been considered for the study of economic evaluations of the livestock insurance scheme. all five districts were selected for the study i.e. Amravati, Akola, Yavatmal, Buldhana and Washim.

Keywords: Livestock, Performance, Premium Paid, Sum insured, Claims settled

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How to cite this article:

Chavan, V. U., R. G. Deshmukh and Nagpure, S. C. 2021. Performance of Animal Insurance Scheme in Amravati DivisionInt.J.Curr.Microbiol.App.Sci. 10(3): 1611-1615. doi:
Copyright: This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-ShareAlike license.